RBA boss departs with grim rates warning
Outgoing RBA governor Philip Lowe has warned another rate rise can’t be ruled out this year because it is “too early to declare victory” on inflation.
Outgoing RBA governor Philip Lowe has warned another rate rise can’t be ruled out this year because it is “too early to declare victory” on inflation.
A leading business group has been criticised for justifying a higher migration intake as Australia faces its worst housing crisis in decades.
An inquiry into price gouging has been met with fierce resistance from employers as debate rages over the cause of Australia’s surging inflation.
As Aussies battle spiking mortgage costs, the nation’s largest retail bank has announced its largest ever profit results, with the chief executive’s pay packet swelling.
THE Reserve Bank has opted to leave the official cash rate on hold in July at 2.5 per cent, in a move widely expected by economists.
THE Reserve Bank has opted to leave the cash rate on hold at 2.5 per cent in June, but borrowers are being warned to brace for rises in future.
HOMEOWNERS feeling the pinch have been thrown some good news with the NAB’s chief economist saying rates won’t rise for another 18 months.
HOMEOWNERS feeling the pinch have been thrown some good news with the NAB’s chief economist saying rates won’t rise for another 18 months.
THE Reserve Bank has opted to leave the official cash rate on hold at 2.5 per cent in May in a move that was widely expected by markets.
CREDIT card customers are being slugged with higher interest rates on plastic than they were before the nation’s series of rate falls.
CREDIT card customers are being slugged with higher interest rates on plastic than they were before the nation’s series of rate falls.
RECORD low interest rates have seen a shift from fixed rate loans, yet experts warn the RBA is seeing signs that will see the rates rise.
The Reserve Bank has kept the official cash rate on hold at 2.5 per cent but borrowers are warned to brace for hikes next year.
The RBA has left interest rates on hold at 2.5 per cent in March, in a move that was widely expected by markets.
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